Market Watch

Market Watch

Morning Briefing by Yardeni Research www.yardeni.com March 11: Over the past few years, several Fed officials have said that they would start raising interest rates only when they believed that the economy had achieved escape velocity. In recent months, they’ve been preparing the launching pad for lift-off around mid-2015. To do so, they tapered QE last year, and terminated it in October. They dropped the “considerable time” language from the Jan. 28 FOMC statement, indicating that since QE bond purchases...